On July 17, 2025, Keybanc analyst Jason Celino released an update on Atlassian (TEAM, Financial), maintaining the stock's current rating of "Overweight". However, Celino adjusted the price target, lowering it from $275.00 to $250.00. This adjustment represents a percentage change of -9.09% from the prior target.
Despite the adjusted price target, Atlassian (TEAM, Financial) retains its "Overweight" rating, signaling Keybanc's continued positive outlook on the company's growth potential and market position. The price target revision reflects the analyst's updated assessment of Atlassian's valuation and market dynamics.
Atlassian (TEAM, Financial), known for its enterprise productivity and collaboration software, remains a watched stock in the technology sector. Investors and stakeholders will be keenly observing any further developments and market reactions following this latest update from Keybanc.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 27 analysts, the average target price for Atlassian Corp (TEAM, Financial) is $276.03 with a high estimate of $420.00 and a low estimate of $211.00. The average target implies an upside of 43.29% from the current price of $192.65. More detailed estimate data can be found on the Atlassian Corp (TEAM) Forecast page.
Based on the consensus recommendation from 30 brokerage firms, Atlassian Corp's (TEAM, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Atlassian Corp (TEAM, Financial) in one year is $319.36, suggesting a upside of 65.78% from the current price of $192.645. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Atlassian Corp (TEAM) Summary page.